Malaysia legislation
Section 146
of LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010
Section 146
Non-application of certain laws
(2)
No takaful licensee shall, in respect of any business carried on by such licensee under Part VII, be subjected to any of the provisions of the *Insurance Act 1996 [Act 553] and the **Takaful
Act 1984.
Protection against suit and legal proceedings